Industry News

California real estate falls further out of reach

Income gap widens for median-income households
Published on Aug 3, 2005

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by CareyBot

California households, with a median household income of $53,840, fall $70,480 short of the qualifying income needed to purchase a median-priced home in the state, according to the California Association of Realtors Homebuyer Income Gap Index report for the second ...

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